Connect with us

Telecom

Software, Services Revenue Boosts BlackBerry Financial Results

Published

on

Blackbery logo.jpg
Kindly share this post

 
‎BlackBerry has issued an update on its third quarter fiscal 2016 results, with impressive growth in its software and services revenue.

According to the hardware and software giant, non-GAAP total revenue of $557 million, up 14 percent over Q2 FY16, while non-GAAP software and services revenue of $162 million, up 183 percent year over year and up 119 percent quarter over quarter.

Its adjusted EBITDA stands at $114 million.

Cash and investments balance of $2.71 billion at the end of the fiscal quarter, including the impact of the recent acquisitions of AtHoc and Good Technology.

But it also recorded $0.03 on-GAAP loss per share.

During the quarter, BlackBerry completed the acquisitions of AtHoc and Good Technology and launched the PRIV in November, the only smartphone that combines BlackBerry-level security with the Google Play App Store’s 1.6 million apps.

The Company also confirmed plans to release OS version 10.3.3 on BlackBerry 10 to support NIAP certification.

John Chen, BlackBerry Executive Chairman and Chief Executive Officer, while making remarks on the Quarter said,  “I am pleased with our continued progress on BlackBerry’s strategic priorities, leading to 14 percent sequential growth in total revenue for Q3.

‘We delivered accelerating growth in enterprise software and higher revenue across all of our areas of focus. Our new PRIV device has been well received since its launch in November, and we are expanding distribution to additional carriers around the world in the next several quarters.

‘BlackBerry has a solid financial foundation, and we are executing well. To sustain our current direction, we are stepping up investments to drive continued software growth and the additional PRIV launches. I anticipate this will result in sequential revenue growth in our software, hardware and messaging businesses in Q4.”

Anchor Telecoms Rolls Out Drums to Celebrate 10th Anniversary
 ‎
By peter ugwu

Anchor Telecoms, one of Nigeria’s innovative telecommunication companies with expertise in the provision of network design and optimizations prides itself as being successful after 10 years of launching cutting edge solutions that have been able to address critical  issues of infrastructural development in the ICT industry.

Tony Emoekpere, managing director and Chief Executive Officer of Anchor Telecoms, Anchor Telecoms, made remark at the weekend, in Lagos when the IT infrastructure service provider rolled out the drums to celebrate its 10th anniversary.

Emoekpere said despite some challenges, the company has been able to stand the test of time in providing excellent service, especially in the areas of site construction, network implementation services and network maintenance services in the last 10 years.

“It has been an interesting journey in the last 10 years for a company that started with three staff, and has grown to become a company with about 80 staff in different countries, including Ghana, Gabon and Cameroun. I am fulfilled and proud today because 10 years have gone and we are still standing. A lot of companies started same time with us, but have gone,” he said on the sidelines of the celebration that attracted the company’s clients, family and friends.

He explained that Anchor Telecoms has been able to leverage on its expertise from site construction to providing a lot of engineering services, ranging from fibre optic, Microwave, BTS and a whole lot of infrastructure services. “We have covered the whole country by delivering services that have grown Anchor Telecoms from a one service company to a company that is now providing other services. That’s our biggest achievement so far.”

He added that Anchor Telecoms is looking forward at achieving two basic things in the next five years; to grow its reach in Africa to countries like Benin, Guinea Conakry.

Secondly, to provide services like broadband that can be directed at the consumer, thus, it has recently acquired an ISP license to explore the nation’s data market.

When asked to access the ICT industry in 2015, Emoekpere said in his view, the telecommunications infrastructure space, where Anchor Telecoms plays experienced some changes with regard to ownership of infrastructure.

The MD/CEO extolled the approach of  telcos that handed their infrastructures to companies that are now offering them back on a lease arrangement.

He said this action will further deepen infrastructure in the country and ultimately make telecom operators to focus on marketing their services and improving quality of service.

“You recalled that the telecom operators have been rolling out infrastructures to suite their own needs, but when the infrastructure space is liberalized, it will allow for a deeper penetration of services because more people can now ride on these infrastructure as against when they are kept primarily for the use of a particular operator,” he stressed.


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

Continue Reading
Advertisement
Comments

Telecom

FG Expands 3MTT Programme Across the Country

Published

on

Kindly share this post

Dr Bosun Tijani, Nigeria’s minister of communications, innovation, and digital economy, has revealed that the federal government’s 3 Million Technical Talent (3MTT) programme has trained over 135,000 citizens as it moves from pilot to national level.

Tijani announced this in an update on the program’s success, stating that the beneficiaries were trained in three batches.

He also stated that the initiative’s community-based learning tools had provided over 300,000 extra learners with access to digital skills training across the country.

According to the minister, the program has also enabled the creation of about 15,000 job, entrepreneurship, and career development in Nigeria’s developing digital economy.

He further revealed that more than 1.8 million Nigerians are currently in the 3MTT pipeline, as the government works toward its target of equipping three million citizens with in-demand digital skills aligned with local and global labour market needs.

As the programme enters its scale-up phase, Tijani said the government’s focus will shift toward deepening impact rather than just expanding numbers.

Key priorities, he explained, include strengthening the 3MTT alumni community, widening access to economic opportunities and ensuring that skills acquired through the programme translate into measurable outcomes such as jobs, business creation and innovation.

To support this phase, the federal government has introduced the #3MTTImpactChallenge, an initiative aimed at assessing the programme’s real-world impact

Through the challenge, fellows and partners are invited to share personal stories on how 3MTT has shaped their professional journeys as part of a National Impact Reflection exercise.

Participants are expected to share their experiences across social media platforms, with selected winners set to receive prizes including laptops, e-tablets, data bundles and other incentives.


Kindly share this post
Continue Reading

Telecom

MTN Foundation Trains 2,000+ Young Nigerians in ICT for SME Growth

Published

on

Kindly share this post

MTN Foundation has kicked off the seventh phase of its ICT business skills training programme, targeting more than 2,000 entrepreneurs, mostly from Nigeria’s small and medium-scale enterprises (SMEs), in support of the Federal Government’s National Digital Economy and SME Development agenda.

MTN Foundation Trains 2,000+ Young Nigerians in ICT for SME Growth

MTN Foundation

The virtual training’s first week ran from Monday, January 5, to Friday, January 9, 2026. It equips small business owners and aspiring entrepreneurs with simple digital tools to shift from paper-based operations to efficient, productivity-boosting systems.

Business analyst Babajide Jolaolu-Kehinde, moderated by Temiloluwa Oyekanmi, programme and partnerships lead, introduced the SWOT framework—Strengths, Weaknesses, Opportunities, and Threats—to guide participants in assessing and improving their businesses.

Jolaolu-Kehinde stressed digital record-keeping, online payments, and customer data tracking for measurable growth, aligning with government efforts to formalise SMEs. “Hope is good, but action and systems make growth happen,” he said.

Trainers showcased real-world examples: traders using handwritten ledgers expanded reach via WhatsApp Business, online marketplaces, and spreadsheets; others grew by accepting mobile transfers over cash and digital orders to tap distant markets.

Manual operations limit sales visibility and customer insights, experts noted, while digital tools deliver real-time data, cut errors, and unlock broader markets.

Participants must adopt at least one digital tool post-onboarding, with organisers promising follow-up workshops and mentorship. The four-week programme aims to bolster SME growth and Nigeria’s economic goals.


Kindly share this post
Continue Reading

Telecom

Spacecoin Secures Licenses to Roll Out Satellite Connectivity in Nigeria, Kenya

Published

on

Kindly share this post

Spacecoin, US-based, has announced the signing of recent agreements with local authorities and operators to launch satellite connectivity pilot projects in Africa.

Spacecoin Secures Licenses to Roll Out Satellite Connectivity in Nigeria, Kenya

The initiatives, focused on Kenya and Nigeria, aim to serve areas where terrestrial networks remain limited or unavailable.

n Kenya, Spacecoin has obtained a transmission license from the Communications Authority, allowing it to test satellite-based solutions for connectivity and Internet of Things (IoT) monitoring, particularly in rural and peri-urban areas with limited internet access.

According to the Kenyan regulator, internet penetration remains below 50% of the population, despite mobile penetration exceeding 130%.

In parallel, the company is continuing operations in Nigeria under an existing license issued by the Nigerian Communications Commission (NCC).

This authorization supports initiatives aimed at delivering affordable broadband connectivity to isolated and underserved communities.

Spacecoin’s approach is based on a decentralized satellite network using nanosatellites in low Earth orbit (LEO).

Combined with blockchain-based protocols, this architecture is intended to offer more flexible and cost-effective connectivity services than traditional networks, while also enabling the integration of IoT solutions for a range of uses, from smart agriculture to infrastructure monitoring.

These projects are part of a broader strategy to help narrow Africa’s digital divide, where a significant share of the population still lacks access to reliable internet services.

Satellite technology is increasingly viewed as a complement to terrestrial infrastructure, particularly in hard-to-reach areas where deployment costs and geographic constraints remain high.

Beyond Africa, Spacecoin is also running pilot projects in Asia, working with local partners to test the viability of its model across different regulatory and geographic environments.

According to the company’s management, growing interest from regulators reflects a shift toward solutions capable of reaching populations that have long been excluded from internet access.


Kindly share this post
Continue Reading

Trending